How to make money mining crypto in 2024 (Best mining strategy and profitability explained)

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In this video I explain how crypto mining profitability actually works, how to make money mining crypto, how to know what the best coin to mine is and the 2 major crypto mining strategies. These 2 strategies are using crypto mining as a form of passive income, and using crypto mining to build wealth and get rich long term.

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𝗠𝗜𝗡𝗘𝗥𝗦 𝗠𝗘𝗡𝗧𝗜𝗢𝗡𝗘𝗗 𝗜𝗡 𝗧𝗛𝗜𝗦 𝗩𝗜𝗗𝗘𝗢
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𝗚𝗘𝗧 𝗠𝗜𝗡𝗘𝗥𝗦 𝗙𝗢𝗥 𝗔𝗡𝗬 𝗖𝗢𝗜𝗡 𝗙𝗥𝗢𝗠 𝗖𝗢𝗜𝗡 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗘𝗡𝗧𝗥𝗔𝗟
Use above link & code: SEB for a $120 discount!

𝗠𝗬 𝗧𝗢𝗣 𝟱 𝗠𝗜𝗡𝗘𝗥𝗦 𝗧𝗢 𝗚𝗘𝗧 𝗥𝗜𝗚𝗛𝗧 𝗡𝗢𝗪
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𝗠𝗬 𝗢𝗙𝗙𝗜𝗖𝗜𝗔𝗟 𝗠𝗘𝗥𝗖𝗛 (𝗧-𝗦𝗛𝗜𝗥𝗧𝗦, 𝗦𝗧𝗜𝗖𝗞𝗘𝗥𝗦 𝗘𝗧𝗖)
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𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗨𝗦𝗕 𝗠𝗜𝗡𝗘𝗥𝗦 𝗙𝗢𝗥 𝗦𝗢𝗟𝗢 𝗠𝗜𝗡𝗜𝗡𝗚
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𝗖𝗢𝗜𝗡𝗟𝗘𝗗𝗚𝗘𝗥 𝗠𝗔𝗞𝗘𝗦 𝗖𝗥𝗬𝗣𝗧𝗢 𝗧𝗔𝗫 𝗦𝗨𝗣𝗘𝗥 𝗘𝗔𝗦𝗬
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𝗔𝗜𝗥𝗙𝗟𝗢𝗪 𝗣𝗥𝗢𝗗𝗨𝗖𝗧𝗦 (𝗚𝗥𝗢𝗪 𝗧𝗘𝗡𝗧𝗦, 𝗘𝗫𝗛𝗔𝗨𝗦𝗧 𝗙𝗔𝗡𝗦 𝗘𝗧𝗖)
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📦 𝗚𝗘𝗡𝗘𝗥𝗔𝗟 𝗔𝗠𝗔𝗭𝗢𝗡 𝗟𝗜𝗡𝗞𝗦

📦 𝗚𝗣𝗨 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 𝗣𝗔𝗥𝗧𝗦
GPUs & risers: see above

📦 𝗖𝗣𝗨 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 𝗣𝗔𝗥𝗧𝗦

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𝗝𝗢𝗜𝗡 𝗧𝗛𝗘 𝗖𝗛𝗔𝗡𝗡𝗘𝗟 𝗙𝗢𝗥 𝗕𝗢𝗡𝗨𝗦 𝗖𝗢𝗡𝗧𝗘𝗡𝗧

𝗟𝗜𝗦𝗧𝗘𝗡 𝗧𝗢 𝗠𝗬 𝗠𝗨𝗦𝗜𝗖 𝗢𝗡 𝗦𝗣𝗢𝗧𝗜𝗙𝗬

𝗘𝗠𝗔𝗜𝗟 𝗙𝗢𝗥 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗘𝗡𝗤𝗨𝗜𝗥𝗜𝗘𝗦

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None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is for entertainment purposes. You do things at your own risk & are responsible for your own actions. Do your own research.

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📼 𝗩𝗜𝗗𝗘𝗢 𝗖𝗢𝗡𝗧𝗘𝗡𝗧
00:00 Making money mining crypto, profitability & strategy - Introduction
00:26 Coin Mining Central ad
02:10 The economics of crypto mining explained in simple terms
03:45 Crypto payouts to miners (coin emissions) explained
04:20 Mining profitability explained
05:47 The problem with mining profitability calculators
06:26 Best way to use mining profitability calculators
07:20 Biggest misunderstanding about minign profitability
08:17 Why people still mine when profitability is super low
08:50 The 2 main mining strategies
09:07 Mining crypto as passive income explained
09:26 Best mining hardware for passive income
10:10 Best coin to mine for passive income
10:51 Mining crypto to build wealth explained
12:08 Best mining equipment to build wealth
13:20 Best coins to mine to build wealth
14:20 When will crypto prices go up?
16:13 How to use the crypto market swings to our advantage as miners

#cryptomining #altcoinmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate #coinminingcentral #miningprofitability
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Great video! What would be interesting to know is what to look for in a coin to avoid mining obvious failure coin that has great initial yield but will zero or near zero out in pricing. I know there is no exact rule but Im sure there is patterns and sign for those coins that will lose you money. Knowing what coin will sky rocket is probably harder but avoiding bad coins seems maybe easier?

RenaudRolandHubertR
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Excellent video, Seb. You explained everything very well with great details, awesome 👌 👍

mentalmininguk
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Sebs can you do a Solana validator node video? Solana is HUGE now. Would love to hear your legit thoughts on it

HightauerUSA
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Sealana is the coin that's showing me the value of creativity and innovation. 🎲💡

Safdar-Ali
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Very helpful brother….i admire your work a lot ❤ keep growing 💫

shipuop
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can anyone guide what coin and algorithm to use with an rtx 3080 pls

hashimx
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Sebs are one yt miner who spend a lot on research and explanations, keep going! GJ

johnwayne
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what software are you using for mining ?

danykillermuneef
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"Not Financial Advice" should be the title. LOL. 👍

crptdyth
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excited to be at the beginning of new money

BitcoinAndCryptoCurrency
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Well put man, this is a great video tying everything together!

ModernMiningHub
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I started my Ravencoin mining rig yesterday..

nlyjs
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Such a great video, even for a veteran miner like myself! <3

tutan
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Why did you wear a hat during that sponsorship part. Does it mean that you were just "capping" about everything you say there? XD

mohamedbella
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in WI i can make 12 cents a day with my 7900xtx cuz electricity is 21 cents per kWh

DrTopLiftDPT
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Dogeverse is straight vibin', this community is electric, let's get it! ⚡🐶

sarashah
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now I understand crypto a little better

BitcoinAndCryptoCurrency
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What website did you use to check jasminer profitability?

mpeter
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Wich coins are possible to mine? ( profitable )

schoko
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I agree with him, this was easy to understand

BitcoinAndCryptoCurrency